STEP Energy Services Ltd. (OTCMKTS:SNVVF) Sees Large Growth in Short Interest

STEP Energy Services Ltd. (OTCMKTS:SNVVF) was the target of a large increase in short interest in the month of November. As of November 30th, there was short interest totalling 187,900 shares, an increase of 141.8% from the November 15th total of 77,700 shares. Based on an average daily volume of 9,500 shares, the days-to-cover ratio is presently 19.8 days.

STEP Energy Services Trading Down 4.2 %

Shares of SNVVF traded down $0.15 during midday trading on Friday, hitting $3.42. 12,600 shares of the company traded hands, compared to its average volume of 11,341. STEP Energy Services has a one year low of $2.52 and a one year high of $3.66. The stock has a 50-day moving average of $3.24 and a 200-day moving average of $3.06.

STEP Energy Services Company Profile

STEP Energy Services Ltd., an energy services company, provides integrated coiled tubing, fluid and nitrogen pumping, and hydraulic fracturing to service oil and natural gas industry in Canada and the United States. It also provides fluid pumping services for coiled tubing operations and involved in standalone projects; pipeline commissioning and maintenance services; fracturing logistics services; and laboratory services.